Wednesday 14 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 14 JUNE 2017

Natural gas trading range for the day is 185.9-200.7.Natural gas dropped as traders monitored shifting weather forecasts to assess the outlook for early-summer demand and supply levels.Warm to hot conditions will dominate the eastern half of the country this week, as strong high pressure continues to spread.Prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on spring heating demand.

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